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Russia Is The Biggest Winner In The OPEC+ Deal

Premium Content Russia Is The Biggest Winner In The OPEC+ Deal By Vanand Meliksetian - Feb 02, 2021, 10:00 AM CST OPEC has been the most important actor in global oil markets with the ability to influence prices for decades. The shale revolution in the U.S. has brought much uncertainty for traditional producers due to the vast amounts of oil and gas that are flowing from the American energy heartland in a short period. The looming threat is so big, that erstwhile competitor Russia ag...
United States Saudi Arabia Ar Riya Ronald Smith Vanand Meliksetian France Abandon Nuclear Power

Russia Is The Biggest Winner In The OPEC+ Deal – Investment Watch

OPEC has been the most important actor in global oil markets with the ability to influence prices for decades. The shale revolution in the U.S. has brought much uncertainty for traditional producers due to the vast amounts of oil and gas that are flowing from the American energy heartland in a short period. The looming threat is so big, that erstwhile competitor Russia agreed to align its policies with the cartel’s. Moscow, however, is eager to squeeze all it can from the agreement, leaving l...
Saudi Arabia United States Ar Riya Ronald Smith Vanand Meliksetian Saudi Aramco

01Feb2021 Pre-Market Commentary: Futures Rebound From Early Rout Despite Continued Surge In Most Shorted Stocks, DOW Up 200 Points, Nasdaq Up 1.1%, Silver Rises To An 8-year High, Now At 29.54

Most-Shorted Companies Resume Surge In Premarket (SPY +1.0%). Biggest premarket movers: Tesla, CureVac, Otis Worldwide. Airlines cancel most NYC-area flights. Here is the current market situation from CNN Money European markets are mixed today. The DAX is up 1.43% while the FTSE 100 gains 1.07%. The CAC 40 is off 2.02%. What Is Moving the Markets Here are the headlines moving the markets. Will U.S. Shale Finally Reward Shareholders? U.S. oil prices above $50 a barrel are helping the shale pa...
New York United States South Africa Sandip Sabharwal Elon Musk Michael Oleary

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